Conventional |
Bridge |
Term |
|
Use of Funds | Purchase, refinance, rehab | Purchase, refinance, rehab | Purchase, refinance, rehab |
Loan Amounts | $500K- $100M+ | $1M-$100M+ | $500K-$100M+ |
Interest Rates | Low rates; case-by-case | 7-15% Annual | 5-12% Annual |
Term | Up to 30 years | 1-5 years | 5-10 years |
Eligibility | Fico may be required.* | No minimum Fico* | No minimum Fico* |
Loan-to-value | Up to 90%** | up to 80%** | up to 65%** |
Property Types | Apartments, Construction, Shopping Center, Office, Industrial, Warehouse, Golf Course, Hospitality, Land |